Managers of Wealth Americas

Legg Mason assets up 4.2% for quarter, relatively flat over year

This quarter's results reinforce the benefits of diversification of our investment management platform across asset classes

BlackRock completes eFront acquisition

Combination of Aladdin and eFront Sets New Standard in Investment Management Technology

Natixis takes 11% stake in Canadian manager

The deal will also see Natixis Investment Managers CEO Jean Raby joining the board of Fiera Capital while the Canadian manager will repurchase for cancellation 2.45 million Fiera Class A shares from National Bank of Canada.

Commonfund Capital closes second secondaries fund at USD450m

Commonfund Capital’s secondary investment experience dates back to 1993

TPG agrees to manage Abraaj’s $1bn healthcare fund despite fraud cases

The fund was at the heart of the scandal that brought down the Dubai-based buyout group

Canadian firm unites global wealth and asset management arms

The operational changes will make it ‘better positioned to organically grow assets’

Wilmington Trust Honored as 'Securitization Trustee of the Year'

Structured Finance team accepts award at GlobalCapital's US Securitization Awards event

Property slowdown a risk for emerging markets

The weakness isn’t universal with China’s real estate market showing signs of green shoots again, while low rates have supported Poland’s real-estate market.

Sun Life profit misses estimates as wealth sales fall in Canada unit

Insurers in Canada have increasingly looked to Asia for growth, selling to the region’s burgeoning middle class, and to diversify from domestic markets where competition is intense.

Morningstar CEO Challenges Advisors on Fees, Warns of Private Equity

Asset management fees are falling, but the cost to investors remains 'stubbornly high,' said Morningstar CEO Kunal Kapoor at the opening of the research firm's annual investor conference in Chicago.

Millionaires Tell UBS They're Bullish on Stocks

Global investors are holding 32% of their portfolios in cash

Back hedge fund young guns over established names, says alts boss

Putting so much of your own money into a business which burns through cash at such a high rate is one of the most powerful incentives to make the venture work.

The give-and-take of BRI in Africa

Examining BRI projects in Africa reveals a nuanced reality of how the initiative functions in the developing world, where infrastructure financing is desperately needed, and political externalities are of secondary concern to the receiving states.

Blackstone Launches Impact Investing Platform

She was responsible for all stages of investing, including developing thematic investment targets in financial services and consumer retail companies.

Invesco and Franklin Templeton slash private jet budgets

Asset managers cut chief executives’ private jet allowances, following poor performance at the companies

Investing for social impact is complicated. Here are 4 ways to simplify it

A common refrain is to raise concerns about an investment’s influence and how any trade-offs with returns are measured.

Arbitrator says Jefferies aided trades that crashed fund

Ruling says investment bank set up side accounts used for illicit bets at Carbon Fund

PNC eyes sale of asset manager to Federated Investors

The firm serves institutional investors, including corporations, public pension funds, multiemployer plans, endowments and foundations, health-care organizations, insurance companies and financial intermediaries, its website states.

Sumitomo Mitsui Trust Bank (Japan) selected Acumen-net to be deployed across 6 Overseas Offices to support their Treasury Operations

SuMiTB was also looking for the solution with a single common database to facilitate its global system management while overcoming the induced challenges of time zones, volume and confidentiality across offices.

Real estate firm names the top cities for risk-seeking investors

Savills predicted that the top four cities would retain their positions over the next decade.

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